Escugen Biotechnology and Innolake Pharma Announce Technology Licensing Agreement, Empowering More ADC Products with EZWi-Fit® Platform
On July 26, 2024, in Shanghai, Shanghai Escugen Biotechnology Co., Ltd. ("Escugen") and Innolake Pharma Co., Ltd. ("Innolake") jointly announced that they have entered into a global exclusive licensing agreement for the application of Escugen's novel ADC technology platform, EZWi-Fit®, in the development of ADC products targeting specific antigens by Innolake. Innolake will utilize Escugen's EZWi-Fit® in its innovative ADC products, be responsible for the preclinical, clinical development, manufacturing, and commercial sales of these products worldwide, and make upfront payments, R&D and regulatory milestone payments to Escugen, as well as tiered royalties on global sales after commercialization.
2024-07-26